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New Construction

When it comes to real estate values, the news the past several years has been mostly bad. This fact has produced continued pressure on the City’s budget. However there’s one story hardly anyone talks about. Maybe you’ve noticed quite a few new homes being built in Falls Church. There seem to be as many “roll away

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Shorts Sales/Foreclosures

Also known as distressed properties, everyone has no doubt heard of them. There are many aspects to these sales. In a nutshell, a short sale is where the seller still legally owns the property but has asked the bank (which has agreed) to allow a sale whereby the bank will get less than the original

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Rental Market Summary

Our rental market is very strong currently and started to get tight a few years ago. There is a very low inventory, particularly larger properties where families would like to live. Many folks for a variety of reasons can’t get a loan to buy a home. But of course they still have to live somewhere

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December 2011 Sales Activity

As of the census of 2010, there were 12,332 people, 4,706 households, and 3,620 families residing in the city. The population density was 6,169.1 people per square mile (2,013.4/km). There were 5,480 housing units at an average density of 2,379.5 per square mile (916.8/km). The racial makeup of the city was 79.9% White, 4.3% Black

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The home buying process

Every state requires slightly different steps to buying a home, although they are basically very similar. Since I am most familiar with the way Virginia does it, here is the path to home ownership in Virginia, broken down into simple steps:   Step 1) Hire a Buyer Agent: A buyer agent will represent only you

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Info on Area Schools

The Falls Church City Public Schools enjoys a reputation for excellence, and the division is committed to maintaining its standing as the premier small school system in the nation. Our four schools serve more than 1900 students including some tuition students who live in communities outside the City of Falls Church. Mission Statement The Falls

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FCC 2011 market observations

The worst seems to be over and probably has been since early 2010. While we did benefit from the balloon market (2004-2006),price appreciation in Falls Church was much more in line with the fundamentals (schools, proximity to D.C., Tysons, Metro). The fact is being an established community pays off when things go bad. This is in stark contrast

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